RuEn

Journal section "Regional economy"

Methodological Aspects of the Assessment of the Investment and Innovation Potential of a Region

Gubanova E.S., Moskvina O.S.

Volume 13, Issue 2, 2020

Gubanova E.S., Moskvina O.S. Methodological aspects of the assessment of the investment and innovation potential of a region. Economic and Social Changes: Facts, Trends, Forecast, 2020, vol. 13, no. 2, pp. 41–55. DOI: 10.15838/esc.2020.2.68.3

DOI: 10.15838/esc.2020.2.68.3

Abstract   |   Authors   |   References
The relevance of the study is caused by the fact that the increase of the investment activity, which has remained low over the last few years, is a necessary condition for the transition of the country’s economy to an innovative development path. It leads to the preservation of technological backwardness which conserves the structure of the economy with a low share of the knowledge-intensive sector. The interdependence and interconnectedness of investment and innovation processes allows us to review the investment and innovation potential as the basis of their development. While studying scientific papers, it was revealed that issues of content, structure, and the evaluation of this potential are debatable, and they require further comprehension. The purpose of this article is to develop methodological provisions for assessing the investment and innovation potential of the region. In the course of studying the works of domestic and foreign scientists, the authors of the article investigated approaches to determining innovation and investment potentials and methods of their assessment, clarified the content of investment and innovation potential, identified its structural elements, and proposed a methodological approach to its assessment, which allows establishing the relationship between used investment resources and the results of the innovation activity. During the study, we assessed the investment and innovation potential of Russian regions, identified problems of its formation and the usage, as well as trends that make it possible to determine the guidelines for the development of investment and innovation processes. The methodological basis of the research are the methods of system analysis and synthesis, comparison, generalization, grouping and statistical methods. The results of the study may be of practical interest for regional authorities’ activities and the management in order to improve the effectiveness of investment and innovation processes. Theoretical generalizations, contained in the article, might be used as materials for the discussion in a scientific discourse

Keywords

investment and innovation potential, assessment methodology, Russian regions, investment and innovation processes

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